This video was recorded BEFORE Mr. Dean moved to another company, HOWEVER, the content is not company specific and is still very valuable if you are willing to pay close attention! Enjoy!

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Do Your Closing Skills Suck?

I will be the first to tell you how much I love our industry. But I can’t help but notice that many people still come into the game like it’s not serious enough to take time out to learn some essential skills.

While in L.A. the last weekend in Sept, I heard a very successful mlm entrepreneur say that our industry takes everyone, and how true that is. Medical schools don’t take everyone, colleges don’t take everyone, and McDonald’s doesn’t take everyone either who simply “wants” to start a franchise.

But for some reason, network marketing does. And as a result, people come in, with no training and expect miracles to happen…just not so.

So the one skill that in my opinion is more important than anything else, is the art of closing. See you can have all the leads in the world. But if you can’t close them, or sign them up, no money for you.

So the question of the hour is, how are YOUR closing skills? If they are great, then you should be signing people up left and right. If they need a little tweaking, then get with someone who you can speak with who can tighten you up! And if you don’t know how to close at all, then my friend, go get some training first!

Once everyone understands that millionaires in this industry are made by sealing the deal, and that you must learn how to do it properly, I think we can overall help more people to succeed and achieve their wildest dreams!

Since being online, I have learned a few key principles:

1. Build Your List
2. Build a rapport with the people on that list
2. Then recruit From That List

In that order!!!

Now along the way, I have met people who were not prospects of mine in a sense, but where mutuality of friendship grew. I never thought that meeting people online and working with them, would be such a fulfilling business. I mean I knew making money online was the goal and that in network marketing you have to meet people, but I am so grateful for some of the relationships I have developed.

As you continue and press forward to build your business, always remember this is a people business. If you don’t like people or working with them, then network marketing isn’t for you. It’s true! Just like if you don’t like computers, IT wouldn’t be for you..no difference.

Learn all you can, implement as much of that as you can, and teach others to do the same. In the end, it will all make sense. So for now, JUST DO IT! Ready SHOOT, aim my friend, that’s the name of the game!

Handling The Pyramid Objection

Many people get stumbled when they are asked this horrible question, “Is this a pyramid scheme” or “Is this one of those pyramid selling structures?”

When someone asks you this question, you must not fumble or stutter… in fact, you must be very happy that they ask this question because it shows genuine interest on the part of the prospect because better to have a passionate, negative prospect than a lukewarm person. A passionate, negative person can be turned into a passionate positive person who will go all out for your team, but only if you handle the pyramid objection intelligently.

Firstly, a pyramid scheme is often confused with network marketing or multi level marketing. People feel that the guy who starts FIRST is often the one who gets all the money while the downlines do all the work. Others would associate the MLM company as being illegal.

You see, MLM generally pays over a multi-tier compensation structure and you can earn money up to many levels deep. However, it doesn’t mean that the person on ‘top’ will generally earn more money than the downline.

Let’s take Amway for example. If you want to ‘Go Diamond’ you will need to build up 6 teams.

But if you want to go Double Diamond, you need to personally build up 9-12 teams (as an example). So if you build 6 teams only but your DOWNLINE, builds 9-12 teams, does it makes sense that your downline should earn more money than you? Sure your downline is part of your team and he is helping to expand your group, but since he put in more hard work in personally building a team, it makes sense that the downline Double Diamond earns DOUBLE of what you should make even though you are on top!

Next, if you consider that network marketing is a business about helping people, you can’t try and sponsor as ‘wide’ as possible (e.g. personally sponsoring 20 yourself) but you don’t help any of them succeed. You are no longer building a network but you are creating a recruiting job for yourself! And if they don’t succeed, you can bet your next commissions check that you will be sponsoring people over and over again for the next few years.

Most compensation plans pay you well only when your downlines succeed. Hopefully you are prepared to HELP your people.

So in order to handle the objection, consider that – network marketing is a LEGAL network building business that MOVES PRODUCTS through many levels and the one who works the hardest will get paid the most (contrary to a corporate pyramid where the CEO might not necessarily work the hardest compared to the clerk, but the CEO gets paid the most nevertheless).